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Identify each of the following statements

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Identify each of the following statements with fixed costs or variable costs by writing fixed or variable in the space provided.

______ a. A cost that varies in total with changes in the activity level.
______ b. A cost that varies on a per-unit basis with changes in the activity level.
______ c. A cost that remains fixed per unit with changes in the activity level.
______ d. A cost that remains fixed in total with changes in the activity level. 

Reference no: EM13935106

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